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Microcap & Penny Stocks : DCI Telecommunications - DCTC Today -- Ignore unavailable to you. Want to Upgrade?

To: King Louie who wrote (3222)	3/3/1998 11:25:00 PM
From: ernie de la fuente	Read Replies (4) \| Respond to of 19331

This outta be fun, I am gonna take a stab at Buffet! I don't know too many stocks that rise as the hypethetical example sites. Crunch these numbers. Stock is at $1 rises to $2 at end of year one, drops to $1.50 midway through the next year but ends year 2 at $3. A more standard zig and zag not an x=y curve(right MH?). Investor 1 - Buys 100 shares at $1 at year 0 and sells at end of year 2, BUFFET Style. Nets $200! Investor 2 - Buys 100 shares at $1 at year 0 and sells at $2 pays 20% tax, buys again at 120 shares with funds remaining $1.50 and sells at the end of year 2. Nets $260. Guessed right twice if you call it guessing. I call it buy limits and sell limits. Buffets guess # is overstated. In his scenario, buying shares for the same price they were sold at the end of each year does NOT constitute any guessing. To each his own style but I know I have made a lot more trading some stocks than the folks holding them forever! Buffet style works only on the "stars". Most stocks are not "stars". Good luck all! VI

To: King Louie who wrote (3222)	3/4/1998 9:47:00 AM
From: Juli	Read Replies (5) \| Respond to of 19331

Peter Lynch always says write down the reason you bought the stock and as long as that does not change, then look on dips as a buying opportunity. He says, if you are not willing to see your stock drop by 50%, then you shouldn't be investing in stocks. The key is do you still believe in the company. If not, sell and move on. You may still be wrong either way. You may believe and be deceived or you may cease to believe and yet the stock will move. You can't win them all, but I think if you stick to, 1. learn all you can about the company and continue to study the company as long as you have the stock, 2. if you see signs that you were wrong, sell immediately, 3. if you still feel the company is doing what you thought when you bought it, then continue to hold and buy more. Now, if only we could do this and not let emotion get in the way.